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Metal stocks tumble on global growth concerns
Source: IRIS | 10 Oct, 2014, 03.09PM
Rating: NAN / 5 stars.
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Metal stocks tumbled on Friday on global growth concerns. The renewed volatility metal shares are being blamed on concerns that global growth, especially in Asia and Europe, is faltering. Weaker growth could reduce demand for industrial metals.

Weak data from Germany, and predictions earlier in the week from the IMF that global growth would be weaker than expected, have undermined investors' confidence.



Symbol LTP Chng % Chng
CNX METAL 2,756.50 -110.35 -3.85
JINDALSTEL 155.7 -10 -6.04
SSLT 248.8 -13.05 -4.98
HINDALCO 150.75 -7.1 -4.5
NMDC 153.45 -7.15 -4.45
JSWSTEEL 1,159.65 -53.75 -4.43
TATASTEEL 449.3 -18.25 -3.9
JINDALSAW 80 -3 -3.61
HINDCOPPER 77.95 -1.95 -2.44
ORISSAMINE 3,411.00 -84 -2.4
COALINDIA 336.3 -7.05 -2.05
BHUSANSTL 106.5 -1.9 -1.75
GMDCLTD 146 -1.75 -1.18
NATIONALUM 59.05 -0.7 -1.17
MOIL 283 -2.8 -0.98
SAIL 73.45 -0.1 -0.14
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